Climate Economic

Climate economics research integrates climate science and economic modeling to understand and address the intertwined impacts of climate change on economic systems. Current research focuses on developing sophisticated integrated assessment models, often employing machine learning techniques like deep learning and neural networks, to analyze the complex interactions between climate dynamics, technological innovation (particularly in green technologies), and economic growth. These studies aim to inform policy decisions by quantifying the economic costs of climate change, evaluating the effectiveness of mitigation and adaptation strategies (including international cooperation mechanisms), and optimizing investments in different capital types to balance economic development with environmental sustainability. The findings are crucial for guiding policy interventions and promoting sustainable economic growth in a changing climate.